Month | Year to Date | |||||
---|---|---|---|---|---|---|
2016 | 2015 | % Change | 2016 | 2015 | % Change | |
Closed Sales (Reported) | 90 | 80 | -11.1 | 176 | 143 | -18.8 |
Closed Sales (Projected) | 90 | 90 | -0.1 | 176 | 153 | -13.1 |
Listings Under Contract | 106 | 110 | 3.8 | 216 | 198 | -8.3 |
Average Sales Price | $219,662 | $238,582 | 8.6 | $207,717 | $224,626 | 8.1 |
Median Sales Price | $213,500 | $228,000 | 6.8 | $200,250 | $220,000 | 9.9 |
Percent of Original Price Received | 96.9 | 97.7 | 0.8 | 96.2 | 97.3 | 1.1 |
Days on Market Until Sale | 35 | 37 | 3.8 | 38 | 35 | -7.5 |
Inventory of Homes for Sale | 125 | 115 | -8.0 | |||
Months Supply of Inventory | 1.1 | 1.0 | -12.6 |
This month the number of homes sold showed a fall of 11.1% in contrast to the same time of year 2015, with 80 sold total. There were 143 properties sold year to date, and this was a down-slide of 18.8% from last year. The number of projected property sales in Richardson this month dropped 0.1%, with 90 projected property sales total this month. There was a fall of 13.1% in projected houses sold year to date. There were 153 projected houses sold this year. New listings this month was higher 19%, with 125 new listings this month. Year to date the number of new properties for sale in the market in Richardson showed a growth of 1.8%, with 221 newly for sale total this year. There were 110 housing units listed under contract this month, which was an increase of 3.8% from last year. Year to date the number of listings under contract in Richardson saw a dip of 8.3% compared to 2015, with 198 listed under contract total this year. In February 2016 there were 1.0 approximate months supply of real estate inventory in Richardson, which was a slump of 12.6%. In Richardson there were 115 homes for sale in February 2016, which was a slump of 8%. The number of days on market until sale in February 2016 had an improvement of 3.8% from 2015, with 37 days total. This month in Richardson the total percent of original asking price received saw an uptick of 0.8%, with 97.7 percent of original asking price received this month. The number of percent of original asking price received in Richardson year to date saw an increase of 1.1%, with 97.3 percent of original asking price received total this year.
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